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1-bed · 811 sqftAl Ghozlan 2, The Greens · 3rd floor

303, Al Ghozlan 2

Sold prices and rental history: sold 6 times, last in April 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 23 April 2020
Last soldAED 745K23 April 2020
Current rentAED 64K /yr11 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 303, Al Ghozlan 2

What is 303 worth today?

Last sold for AED 745,000 in 2020

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23 Apr 2020SoldReady
AED 745,000AED 918 per sqft
11 Jul 2019RentedNew contract
AED 64,000/yr12 months · AED 79 per sqft
1 Jul 2018RentedRenewal
AED 87,000/yr12 months · AED 108 per sqft
1 Jul 2017RentedRenewal
AED 87,000/yr12 months · AED 108 per sqft
1 Jul 2016RentedRenewal
AED 92,000/yr12 months · AED 114 per sqft
1 Jul 2015RentedNew contract
AED 92,000/yr12 months · AED 114 per sqft
15 Sep 2013RentedNew contract
AED 85,000/yr12 months · AED 105 per sqft
9 Sep 2013SoldReady
AED 1,080,000AED 1,331 per sqft

Source: Dubai Land Department. Updated 23 April 2020.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
3rd of 7
Parking
171.
Service charge
AED 13,500 /yr
Last sold
AED 745K · April 2020
Building
Al Ghozlan 2

About 303, Al Ghozlan 2

303 is a one-bedroom apartment of 811 sqft on the 3rd floor of Al Ghozlan 2, a 7-storey tower in The Greens. It last sold on 23 April 2020 for AED 745,000, or AED 918 per sqft, 3% below the AED 948 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 11 July 2019, is AED 64,000 a year: a gross yield of 8.6% on the 2020 price, before the service charge of about AED 13,500 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical one-bed in Al Ghozlan 2
500K1M1.5M20072012201720222027Typical sale price by year: 2007 AED 577,500; 2008 AED 675,000; 2009 AED 676,388; 2010 AED 650,000; 2011 AED 545,000; 2012 AED 662,500; 2013 AED 830,000; 2014 AED 1,065,000; 2015 AED 1,007,500; 2016 AED 987,500; 2017 AED 877,500; 2018 AED 400,000; 2019 AED 750,000; 2022 AED 685,000; 2023 AED 900,000; 2024 AED 1,115,000; 2025 AED 1,287,500; 2026 AED 1,355,000Sold by developer, May 2011: AED 550,000 (AED 677 per sqft)Sold, May 2011: AED 1,150,000 (AED 1,417 per sqft)Sold, July 2012: AED 700,000 (AED 862 per sqft)Sold, June 2013: AED 900,000 (AED 1,109 per sqft)Sold, September 2013: AED 1,080,000 (AED 1,331 per sqft)Sold, April 2020: AED 745,000 (AED 918 per sqft)

303 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 303, each contractTypical one-bed in Al Ghozlan 2
50K75K100K2012201620202024Typical rent by year: 2012 AED 56,500; 2013 AED 67,000; 2014 AED 80,000; 2015 AED 83,000; 2016 AED 80,000; 2017 AED 78,000; 2018 AED 70,000; 2019 AED 61,000; 2020 AED 48,000; 2021 AED 44,500; 2022 AED 52,325; 2023 AED 60,500; 2024 AED 75,000; 2025 AED 79,787; 2026 AED 78,000New contract, February 2013: AED 55,000 a yearNew contract, September 2013: AED 85,000 a yearNew contract, July 2015: AED 92,000 a yearRenewal, July 2016: AED 92,000 a yearRenewal, July 2017: AED 87,000 a yearRenewal, July 2018: AED 87,000 a yearNew contract, July 2019: AED 64,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Ghozlan 2, and where 303 sits

All 75 1-beds →

303 last sold in April 2020 at AED 918 per sqft, 3% below what one-beds in Al Ghozlan 2 were fetching at the time (AED 948). Over the last 12 months one-beds sold for AED 1,200,000 to 1,600,000, around AED 1,888 per sqft, and rent for AED 60,000 to 125,000 a year. 303's AED 64,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Oct 20261,420,000
9 Oct 20261,580,000
14 Aug 20261,290,000
19 Jun 20261,200,000
5 1-bed sales in the last 12 months

Al Ghozlan 2

Building

108 apartments, 1-bed to 2-bed over 7 floors in The Greens. 9 sold in the last 12 months.

Typical price per sqft
AED 1,711
Typical sale
AED 1.6M
Typical rent
AED 80K /yr
Typical yield
5.9%
Al Ghozlan 2, The Greens: prices, sales and rents →

Other units on the 3rd floor

All 108 units in Al Ghozlan 2
Value
3011-bedAED 1.05M · Oct 2023
3021-bedAED 600K · Oct 2011
3041-bedAED 1.08M · Nov 2017
3052-bedAED 1.65M · Sep 2023
3061-bedAED 623K · Sep 2014
3071-bedAED 660K · Oct 2013
3081-bedAED 1M · Jan 2015
1–7 of 18

303, Al Ghozlan 2 in numbers

  • Sold 6 times: first on 5 May 2011 for AED 1,150,000, last on 23 April 2020 for AED 745,000 (AED 918 per sqft).
  • Rented since February 2013 on 7 Ejari contracts, from AED 55,000 to AED 64,000 a year.
  • At AED 64,000 a year the gross yield on the 2020 price is 8.6%, before a service charge of about AED 13,500 a year (AED 16.62 per sqft).
  • One-beds in Al Ghozlan 2 sold for AED 1,200,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,711 per sqft.

Source: Dubai Land Department. Updated 23 April 2020.

Questions about 303, Al Ghozlan 2

What did unit 303 last sell for?

AED 745,000 on 23 April 2020: AED 918 per sqft for 811 sqft. The unit has 6 registered sales; the first was AED 1,150,000 in May 2011.

What is the rent for unit 303?

AED 64,000 a year on the contract signed on 11 July 2019. The previous contract, from July 2018, was AED 87,000; the unit has been rented since February 2013.

How big is unit 303?

811 sqft (75.3 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Ghozlan 2 sold for AED 1,200,000 to 1,600,000 in the last 12 months, around AED 1,888 per sqft.

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Mortgage on 303, Al Ghozlan 2

Starts from the last sale price (AED 745K, 23 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 745,000
Deposit, UAE resident (20%)
AED 149,000
Deposit, non-resident (40%)
AED 298,000
Monthly over 25 years at 3.7%
AED 3,048

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →